Nay Pyi Taw’s plan to reduce the cost of Kyaukpyu Special Economic Zone, including the proposed deep-sea port, will help cap its external debt load and avoid repeating Sri Lanka’s Hambantota’s precedent, according to London-headquartered research firm BMI Research. At the same time, a government committee has dropped any mentioning of commissioning a Strategic Environmental […]
Government adds targeted export products
February 21, 2018 by
In a bid to contain the country’s trade deficit, the Ministry of Commerce (MOC) will include a new list of products targeted for exports under the National Export Strategy. Strategically identified by the ministry and the private sector in response to market demand, the list will include fruits, handicrafts, gems and jewelry, processed food products […]
Beans and Pulses Traders Hopeful to Tap China Market
January 17, 2018 by
Beans and pulses produced in Myanmar have long relied on the Indian market, but the industry has started broadening their horizons to another giant market – China, said U Aung Soe, director general from Myanmar’s Trade Promotion Organisation under the Ministry of Commerce. A delegation, which consists of officials from the ministry and nine companies […]
Mekong nations and South Korea eye up Myanmar’s investment potential
July 11, 2016 by
Yangon, July 1 – Mekong region countries, together with South Korea, have expressed an interest towards investment in Myanmar’s manufacturing sector, the Myanmar Investment Commission (MIC) has made it known. The fourth Mekong-ROK Business Forum recently took place at Yangon’s Novotel Hotel during which talks and negotiations were held between business entrepreneurs for the possibility of investment between Mekong […]
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